UL3

UL3 is our Belgium market-leading life and pension  platform that supports a broad range of life insurance and pension products and enables insurers to efficiently manage the full policy lifecycle within a single integrated solution. In Belgium, it is currently used by 12 life insurance companies.

UL3 is designed to manage the entire insurance lifecycle from quotation and onboarding to policy servicing, claims, and payouts. Combining advanced actuarial capabilities, powerful workflow automation, regulatory compliance, and flexible cloud-ready architecture, UL3 helps insurers improve operational efficiency, accelerate service delivery, and adapt quickly to changing market and regulatory requirements.

The most common types of personal insurance are supported, as well as all existing tax regimes existing in Belgium, like saving insurance, investment insurance (branch 21/23/44), mortgage insurance, (life) annuities, second and third pillar arrangements, disability insurance, capitalization products, etc.

Furthermore, UL3 is easily integrated with in the ecosystem of software applications at the life insurance company as well of other Keylane platforms. To do so, powerful API’s are developed.

Key strengths of UL3 include:

• Advanced actuarial calculation engine supporting complex life and pension products.
• End-to-end workflow automation that drives operational excellence and Straight Through Processing (STP).
• Built-in compliance with evolving regulatory, fiscal, audit, GDPR, and anti-money laundering requirements.
• Flexible API-based integration capabilities for seamless connectivity within insurers’ ecosystems.
• Proven migration framework for transitioning legacy life insurance portfolios.
• Cloud and SaaS deployment options enabling faster updates, scalability, and reduced operational burden.

With UL3, life insurers have access to a future-ready standard platform that supports innovation, streamlines operational processes, and provides a solid foundation for further digital transformation.